Description

Global Gym Management Software Market 2017-2021 Description

While smaller gyms still rely on software such as Microsoft Excel and Google Drive, most large gyms now use gym management software to expand their service offerings and manage their activities such as record management, billing, scheduling, and marketing. A gym management software allows gyms to spend less time on administrative tasks, integrate applications, and improve data security.

Gym management software solutions help gym members and staff to search and reschedule classes and appointments. They also allow users to share schedules on social media platforms such as WhatsApp and Facebook or through e-mails. Gym members can easily use desktop webpages or mobile devices such as smartphones to book gym sessions and choose the required exercise equipment and other gym resources using such a software.

Technavio’s analysts forecast the global gym management software market to grow at a CAGR of 11.12% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global gym management software market for 2017-2021. To calculate the market size, the report considers the installations of gym management software only.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Gym Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

MINDBODY

RhinoFit

Treshna Enterprises (GymMaster)

Zen Planner

Other prominent vendors

Clubworx

EZFacility

Firebug Software

Fisikal

Fitli

Glofox

Omnify

PerfectGym

PerfectMind

Virtuagym

Market driver

Demand for gym management software in APAC

For a full, detailed list, view our report

Market challenge

Growing concern about data privacy

For a full, detailed list, view our report

Market trend

Better integration of gym management software solutions

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Better integration of gym management software solutions. Many organizations face issues related to integration when using gym management software as they use many separate systems that do not integrate with each other. This has led to increased demand for a dedicated gym management software that can be used to streamline and integrate all the software into one single system. This also helps to eliminate the duplication of data and create a comprehensive report on the gym’s performance indicators.”

According to the report, one of the major drivers for this market is Demand for gym management software in APAC. Currently, EMEA and the Americas dominate the gym management software market. However, there has been rapid rise in the demand for gym management software from the APAC region over the last few years, which will act as a major driver for the global gym management software market. Demand from countries such as China, India, and Japan is expected to propel the growth of the market in the region.

Further, the report states that one of the major factors hindering the growth of this market is Growing concern about data privacy. Data privacy is a growing concern in the adoption of cloud-based gym management software. Maintaining cloud security is a challenging task for vendors as the cloud is open to threats such as online hacking and security breaches. Hackers can easily gain access to cloud-based data storage systems as the infrastructure is based on open architecture and shared resources. Vendors need to encrypt client data and implement multi-factor authentication systems such as biometrics for the authorization of users in the client's IT systems. Client data include health statistics, gym visit schedules, and their trainer details. These data are highly personal and the leak of this data can affect the customer relationship with the gym.